Securities / Derivatives

Tokyo Exchange Mulls Higher Requirements for Top Market Tier

13/02/2019

New standards will be introduced for how companies are included in the First Section, the TSE’s top tier for listed companies, as the exchange seeks to boost market appeal.

MAS to Promote Good Governance Through New Committee

13/02/2019

MAS has announced the formation of a new industry-led advisory committee, the CGAC, which will identify corporate governance risks and work to improve Singapore’s CG Code.

Fintech / Regtech

S Korea Proposes New Legal Framework for P2P Sector

13/02/2019

South Korea’s booming P2P lending market is in need of new legislation to enhance protections for investors and borrowers, says FSC chairman Choi Jongku.

Market Infrastructure

Implementation of Secondary Market Principles “Generally High” – IOSCO

13/02/2019

IOSCO has identified some gaps in the implementation of its ‘Secondary and Other Market Principles’, particularly in nascent and emerging market jurisdictions.

Enforcement

Sydney Deutsche Bank Trader Convicted for Falsifying Trades

13/02/2019

A former FX options and futures trader has received a 2-year suspended sentence for falsifying entries in Deutsche Bank’s internal records.

Enforcement

UPDATED – Multiple Indian Banks Penalised for Rule Violations

13/02/2019

The latest penalties involve banks’ non-compliance with RBI directions on the monitoring of borrowers’ end use of loan funds, as well as failures related to KYC/AML compliance.

Capital / Liquidity

Vietnam Banks Urge Government to Lift Foreign Ownership Ceiling

13/02/2019

Vietnam’s largest banks are pushing the government to allow them to sell more equity to foreign banks to bolster their capital levels.

Securities / Derivatives

SEBI Proposes Caps to Curb Volatility in Futures, Options

13/02/2019

Among the measures proposed is a circuit breaker capping maximum daily movements at 20 percent for all stocks, including those on which derivatives trading is available.

Securities / Derivatives

China Encourages Foreign Firms to Issue Panda Bonds

12/02/2019

Overseas non-financial enterprises will be able to issue panda bonds within one year of registering with NAFMII, and use the proceeds either in China or abroad.